Tomen Electronics (TSE:7558) Days Inventory : 52.26 (As of Sep. 2014)

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What is Tomen Electronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tomen Electronics's Average Total Inventories for the three months ended in Sep. 2014 was 円23,673 Mil. Tomen Electronics's Cost of Goods Sold for the three months ended in Sep. 2014 was 円41,338 Mil. Hence, Tomen Electronics's Days Inventory for the three months ended in Sep. 2014 was 52.26.

The historical rank and industry rank for Tomen Electronics's Days Inventory or its related term are showing as below:

TSE:7558' s Days Inventory Range Over the Past 10 Years
Min: 38.56 Med: 43 Max: 49.75
Current: 49.75

During the past 7 years, Tomen Electronics's highest Days Inventory was 49.75. The lowest was 38.56. And the median was 43.00.

TSE:7558's Days Inventory is not ranked
in the Hardware industry.
Industry Median: 101.78 vs TSE:7558: 49.75

Tomen Electronics's Days Inventory increased from Sep. 2013 (50.95) to Sep. 2014 (52.26). It might indicate that Tomen Electronics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tomen Electronics's Inventory Turnover for the three months ended in Sep. 2014 was 1.75.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Tomen Electronics's Inventory-to-Revenue for the three months ended in Sep. 2014 was 0.53.

Tomen Electronics Days Inventory Historical Data

The historical data trend for Tomen Electronics's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tomen Electronics Days Inventory Chart

Tomen Electronics Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Days Inventory

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42.90

40.36

43.71

40.86

40.83

Tomen Electronics Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Days Inventory	Get a 7-Day Free Trial															50.95	48.77	43.75	54.44	52.26

Competitive Comparison of Tomen Electronics's Days Inventory

For the Electronics & Computer Distribution subindustry, Tomen Electronics's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tomen Electronics's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tomen Electronics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tomen Electronics's Days Inventory falls into.

Tomen Electronics Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tomen Electronics's Days Inventory for the fiscal year that ended in Mar. 2014 is calculated as

	Days Inventory (A: Mar. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2013 )	+	Total Inventories (A: Mar. 2014 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2014 )	*	Days in Period
=	( (16360	+	18581)	/	2 )	/	156186	*	365
=	17470.5					/	156186	*	365
=	40.83

Tomen Electronics's Days Inventory for the quarter that ended in Sep. 2014 is calculated as:

	Days Inventory (Q: Sep. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2014 )	+	Total Inventories (Q: Sep. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2014 )	*	Days in Period
=	( (24144	+	23202)	/	2 )	/	41338	*	365 / 4
=	23673					/	41338	*	365 / 4
=	52.26

Tomen Electronics (TSE:7558) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tomen Electronics's Inventory Turnover for the three months ended in Sep. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41338	/	23673
	=	1.75

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Tomen Electronics's Inventory to Revenue for the three months ended in Sep. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	23673	/	45051
	=	0.53

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Tomen Electronics Days Inventory Related Terms

Thank you for viewing the detailed overview of Tomen Electronics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Tomen Electronics (TSE:7558) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.tomen-ele.co.jp

Tomen Electronics Corporation is an importer, exporter, and distributor of electronic devices which includes semiconductor, storage and communication unit components, software and others. The company is segmented into Automotive; Consumer; Imaging; Information and communications; Industrial Equipment; Power Electronics and Amusement.

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